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Bond index returns beat active managers

MICHAEL HOBBS  |  THURSDAY, 15 OCT 2009
... at Tyndall Investment Management, said having an active bond fund manager in the portfolio would be very important for the next year. He expects Australian bond managers to outperform the index in the next 12 months and warned investors not to rely on ...

ANZ recruits retirement specialists

COMPANY RELEASE  |  WEDNESDAY, 14 OCT 2009
... planners if the customer requires advice. The bank aims to have a retirement banking specialist in every ANZ branch by mid next year. Retirement bankers are already working at more than 220 branches across the country. "Today's average life expectancy ...

Director pay rise trend will slow: RiskMetrics

MICHAEL HOBBS  |  MONDAY, 12 OCT 2009
... Despite this increase, Dean Paatsch, director at RiskMetrics, said the firm did not expected the same incremental increase next year given some directors have had their pay frozen. "We don't expect to be similar increments to last year at all given the ...

AXA tackles longevity risk with North

MICHAEL HOBBS  |  THURSDAY, 8 OCT 2009
... is targeting investor longevity risk with plans to launch another North product that provides a guaranteed income stream next year. The product, still in development stage, provides the flexibility of an allocated pension, which keeps savings fully invested ...

PE secondaries could be ticking time bomb

COMPANY RELEASE  |  THURSDAY, 8 OCT 2009
... investors to secure a fairer deal on fees with secondary managers, as well as other strategies in private equity, during the next few years," said Barry. The firm anticipates that deal activity in the secondary market is likely to increase during 2010 ...

REI Super named as default fund

RUTH LIEW  |  THURSDAY, 8 OCT 2009
... continue using that as their default fund. The changes to the new Federal Real Estate Award arrangements will commence 1 January next year.

Global funds lose $20trn to GFC

COMPANY RELEASE  |  WEDNESDAY, 7 OCT 2009
... Morgan climbing to the 9th spot from 15 and BGI becoming the largest fund manager from fifth largest the previous year. The next few years will remain tough. "An additional challenge for managers is increased regulation, and the likelihood of higher ...

Gems in smaller property trusts: BTIM

RUTH LIEW  |  WEDNESDAY, 7 OCT 2009
... the Australian listed property trust sector would most likely come out of small to medium property firms and their trusts next year, said Peter Davidson, head of property securities at BT Investment Management. Currently, deals by Valad and smaller Centro ...

Supercorp set to launch superMate

RUTH LIEW  |  WEDNESDAY, 7 OCT 2009
Supercorp Australia is poised to unveil superMate, its next generation self managed superannuation fund administration software built on the technology of its current flagship product, SuperVisor II. The new offering extends the existing SuperVisor ...

Rejoice for rates have risen

BENJAMIN ONG  |  WEDNESDAY, 7 OCT 2009
... probability -- that the RBA will follow-up with another hike on Melbourne Cup Day (3 November). And then...five more by June next year and two more before 2010 is over - all in all, a 200 basis point increase bringing the cash rate to 5.0 per cent. Ouch! ...